Marwo Kaabe
Marwo Kaabe is a Sharia-compliant financing solution designed to empower Somali women entrepreneurs through accessible, ethical, and business-focused financial services.
Learn moreClean Energy
Solar Financing
Sharia-compliant financing for solar energy systems that help households and businesses access clean, reliable, and affordable power.
Sharia modelMurabaha, Ijarah, Musharakah
Overview
About this product
Solar Financing is an Islamic financing product from Midnimo Microfinance Institution (MMIC), designed to support households, entrepreneurs, farmers, and small businesses in accessing reliable solar energy solutions.
This product helps clients purchase solar systems, panels, batteries, inverters, solar pumps, and related energy equipment through Sharia-compliant financing arrangements.
- Financing for solar panels and complete solar systems
- Support for households, farms, shops, and small businesses
- Flexible repayment options
- Clean and sustainable energy solution
- Reduced dependence on expensive fuel and unreliable electricity
Through Solar Financing, MMIC supports clean energy access, business continuity, household resilience, and climate-smart development across Somalia.
Product visuals
How this service works
Simple visual materials that help clients understand the product and its benefits.
Product visual
Who it serves
- • Households
- • Small businesses
- • Farmers
- • Shops and kiosks
- • Agribusinesses
- • Community facilities
- • Youth and women entrepreneurs
- • Rural and off-grid communities
What can be financed
- • Solar panels
- • Solar home systems
- • Batteries
- • Inverters
- • Solar water pumps
- • Solar-powered refrigerators
- • Solar lighting systems
- • Installation costs
- • Energy equipment for businesses
Key benefits
- • Sharia-compliant financing
- • Reliable clean energy
- • Lower energy costs
- • Flexible repayment options
- • Supports business continuity
- • Reduces fuel dependency
- • Climate-friendly solution
- • Suitable for homes
- farms
- and businesses
Community impactBeyond the individual
Community & social benefit
Impact beyond the individual
Solar Financing improves access to clean and reliable energy, reduces household and business energy costs, supports climate resilience, enables productive activities, and strengthens livelihoods in underserved communities.
See our wider impactExplore more
Related services
Fursad Maal
Fursad Maal is a Sharia-compliant financing solution designed to empower Somali youth and transport service providers by providing ethical financing for vehicles, business expansion, and sustainable income generation.
Learn more
E-Fursad
E-Fursad is a Sharia-compliant electronic financing solution that enables individuals and businesses across Somalia to access smartphones, laptops, tablets, and other essential digital devices through affordable and flexible payment plans.
Learn moreReady to apply for Solar Financing?
Start your application today, or talk to our team on WhatsApp for guidance.